Yorktown Management & Research Co Inc Acquires Shares of 17,900 Afya Limited (NASDAQ:AFYA)

Yorktown Management & Research Co Inc purchased a new stake in Afya Limited (NASDAQ:AFYA - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 17,900 shares of the company's stock, valued at approximately $321,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio raised its stake in Afya by 40.0% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,800 shares of the company's stock valued at $44,000 after buying an additional 800 shares in the last quarter. Tower Research Capital LLC TRC increased its position in shares of Afya by 1,099.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,031 shares of the company's stock worth $64,000 after purchasing an additional 3,695 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Afya by 2,115.9% during the fourth quarter. JPMorgan Chase & Co. now owns 6,670 shares of the company's stock worth $106,000 after purchasing an additional 6,369 shares in the last quarter. Aquatic Capital Management LLC increased its position in shares of Afya by 47.6% during the fourth quarter. Aquatic Capital Management LLC now owns 9,300 shares of the company's stock worth $148,000 after purchasing an additional 3,000 shares in the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Afya by 41.9% during the fourth quarter. Van ECK Associates Corp now owns 9,677 shares of the company's stock worth $154,000 after purchasing an additional 2,856 shares in the last quarter. 88.02% of the stock is currently owned by institutional investors and hedge funds.

Afya Stock Performance

Shares of NASDAQ AFYA traded down $0.05 during midday trading on Friday, reaching $17.57. 39,521 shares of the company were exchanged, compared to its average volume of 122,534. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 0.41. Afya Limited has a 1 year low of $14.52 and a 1 year high of $19.90. The stock has a fifty day simple moving average of $18.46 and a 200 day simple moving average of $17.27. The stock has a market cap of $1.65 billion, a P/E ratio of 13.31, a PEG ratio of 0.60 and a beta of 0.60.

Analysts Set New Price Targets

A number of analysts have recently commented on AFYA shares. Morgan Stanley cut Afya from an "equal weight" rating to an "underweight" rating and cut their target price for the stock from $19.00 to $17.00 in a research report on Tuesday, March 11th. Wall Street Zen upgraded Afya from a "hold" rating to a "buy" rating in a research report on Saturday, June 14th. Finally, UBS Group reiterated a "neutral" rating and set a $19.50 target price (up previously from $17.50) on shares of Afya in a research report on Thursday, June 12th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $17.60.

About Afya

Afya Limited, through its subsidiaries, operates as a medical education group in Brazil. The company operates through three segments: Undergrad, Continuing Education, and Digital Services. It offers educational products and services, including medical schools, medical residency preparatory courses, graduate courses, and other programs to lifelong medical learners enrolled across its distribution network, as well as to third-party medical schools.